$ 450,000
-
$450,000
Price -
8
Bed -
6
Bath -
5,100
SqFt
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About the Listing B164 - BUSSJ
Here is your opportunity to purchase 4 fabulous income generating lofts under one roof in downtown Belleville. The Brass Lantern Lofts is a wonderful 1872 building that was brought back to life in 2019 with extensive work done to the main floor including all new electrical, plumbing, walls, HVAC, and the list goes on. Three units are on the ground floor, two of them are two bed two bath, and are approximately 1300 square feet. The two bedroom units each have their own courtyards. The other first floor unit is a one bed one bath and is approximately 900 square feet. The upper level was updated nicely and had new HVAC installed in 2022 along with a new deck and back stairs last year. The upper unit is a 3 bedroom one bath and is approximately 1600 square feet. All units have stainless steel appliances and washer and dryer hookups. Owner pays water, sewer, and trash for the ground floor units. The upper unit pays their own water and sewer bill. Each loft gets two parking spaces, there are 18 spaces so that leaves 5 spaces to rent for additional income. These units will only appreciate in value and there are only so many lofts/apartments in the downtown area. This area of Belleville has become more desirable as time has gone on. Pre-approval of proof of funds required to view this property. All information to be verified by buyer and buyer's agent.
Listing Highlights
Status
Active With Contingency
Days on Site
201
Property Type
Multi-Family
MLS ®
25054878
Year Built
1872
Total Square Footage
5,100
Lot/Acreage
0.24
County
St. Clair
Neighborhood
Gibbins Add
School District
Belleville DIST 118
Elementary School
Belleville Dist 118
Middle School
Belleville Dist 118
High School
Belleville High School-East
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances: Stainless Steel Appliance(s)
- Air Cond: Ceiling Fan(s),Central Air,Varies by Unit
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5100
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: City Lot,Level,Near Public Transit
- Garage Capacity: N/A
- Roof: Flat
- Others: Courtyard,Private Entrance,Uncovered Courtyard,Updated/Remodeled
- Sewer:
- Parking Features: Alley Access,Gravel
Financial Details
- Tax Amount: $4,756
- Taxes w/Assessments: N/A
- Tax/Property ID: 08-22.0-336-024
- Tax Year: 2024
Payment Calculator
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Questions About..
511 E Main St Belleville, IL 62220
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